Bond Labs NDS Division Increases November Revenue by 32%
OMAHA, Neb.--([ BUSINESS WIRE ])--Bond Laboratories, Inc. (OTCBB: BNLB) (Bond Labs), an innovative manufacturer of functional beverages and nutritional products, announced today that for the month ended November 30, 2010 revenue for its NDS division increased by 32% as compared to November 2009, from approximately $388,820 to $506,621. NDS enjoyed a 72% increase in revenue over the same period in 2008.
"We remain focused on developing and marketing unique, high-quality formulations for health conscious consumers and serious athletes."
Bonda™s NDS Nutritiona" division continues to produce solid results in the apre-workouta™ category with revenues from this sector up by 104% over November 2009. This increase was driven by the introduction of new flavors of Pump Fuela" and new additions to NDSa™ pre-workout products, combined with an increase in the number of franchised accounts of the nation's leading nutritional supplement retailer now carrying the Company's products. Pump Fuel consistently maintains its rank among the top 3 pre-workout products sold in the franchise system.
aThe Company remains focused on expanding its distribution capabilities for NDS Nutrition while simultaneously reducing overall operating costs, a strategy that management believes will drive long-term profitability and growth,a stated Bond Laboratories CEO, John S. Wilson. aWe remain focused on developing and marketing unique, high-quality formulations for health conscious consumers and serious athletes.a
aI am confident that the Company has the resources and momentum necessary for us to execute on our aggressive growth plans for 2011,a continued Mr. Wilson.
About Bond Labs
Bond Laboratories is a manufacturer of innovative nutritional supplements and beverages. The Company produces and markets products through its NDS Nutrition and Fusion Premium Beverages divisions. NDS' products number over 60 brands of energy, sports, and dietary supplements. These products are sold directly through specialty health and nutrition retailers, including top-selling products at GNC® franchises. Fusion Premium Beverages manufactures functional beverages, including the highly successful hangover prevention drink Resurrectiona". Bond Labs is headquartered in Omaha, Nebraska, and maintains its primary sales operations in Dallas, TX. For more information, please visit [ http://www.bond-labs.com ].
Safe Harbor
Statements about the Companya™s future expectations and all other statements in this press release other than historical facts, are aforward-looking statementsa within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. The company does not undertake any responsibility to update the forward-looking statements contained in this release.